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FREQUENTLY ASKED QUESTIONS WHILE RENTING OFFICE SPACE

FREQUENTLY ASKED QUESTIONS WHILE RENTING OFFICE SPACE

FREQUENTLY ASKED QUESTIONS WHILE RENTING OFFICE SPACE 05-May-2021


Getting an office space on rent is a tedious task as there are many things which one has to look after and if not keep in mind there are chances of falling in trouble. During all this process many thoughts are arising in the mind and confuse you to make the best decision for future growth. It's always better to clear your all queries before making any decision.

TO get the BEST RENTAL OFFICE SPACE IN MUMBAI one needs the Top Estate Agents in Mumbai to help you to get the best deal while maintaining transparency to avoid any sort of trouble in the future.

Many queries are wandering inside your head so we will try to answer almost all the questions at the moment.

1.            WHAT IS THE RENT OF THE PROPERTY?

Renting out an office space is serious business; get a clear picture of this before signing any contracts like what are inclusions, rules and regulation mode of payment, amenities offered by the property. All the factors should justify the amount mentioned

2.            MAINTENANCE WORK

Before moving into the Office Space and set it up accordingly check for maintenance work (Mechanical work, Electrical work) such as plumbing, wall colours, look for leakage also check for any sort of damages that is already present and make the clear move by stating to finish all this work before you shift your office space. Even after moving in check, all the necessary repair works are done, or else it will be your headache if not informed in advance.

3.            IS AGREEMENT RENEWABLE AT THE END OF IT?

Clear this point before renting out the property as time passes the company will grow and moving out will be difficult for you so better to discuss this point well in advance. Better to stay on the safe side and go for a longer duration as this would avoid the tension of renewal of the property.

4.            WILL RENT INCREASE WHILE EXTENDING THE AGREEMENT?

As this point matters shifting office over time is a very tedious task and inconvenient so better to clear this point and if the rent has to be increased at what percentage it will be?

Check is it worth paying that amount in the future, will the rent would be comparatively the same for similar properties. After analyzing all these factors you will see the clear path to make a move. For all this, you need a trusted and the BEST ESTATE AGENTS IN MUMBAI who will help you to get a clear picture of the current scenario.

5.            IS PARKING AVAILABLE?

Is parking available on the premises of the property, what will be the cost of parking for tenants? This the most important question to be asked while the visit of the property as parking is an issue in big metropolitan cities, so check for in-house parking before making any move, as in-house parking is considered to be safe for vehicles. In the hustle-bustle of the city, it is hard to get a place where you can park your vehicle so keeping in mind that the property allows you to keep your vehicle safe in the basement parking

6.            LOCATION ACCESSIBILITY

Commuting in the city from one place to other during peak hours sweats out everyone so checking on accessibility is it comfortable for everyone to reach out at the office, it’s better to pay a little extra and built office space that is easily accessible to everyone. A good locality plays a vital role as if you are surrounded by the best companies it would lead to creating a good corporate environment leading to improve the efficiency of the employee and boosting the profit which indirectly impacts on your business in a good way.

7.            PRIVACY, SAFETY AND SECURITY

Safety and security matter a lot so make sure to after this point before renting office space. The Commercial Property has hired 24 hours security for the safety of everyone working on-premises, security is the number one priority, the premises are equipped with all modern technology like CCTV, metal detectors, security check at the entrance, fire sprinklers and many more things which will help to create a safer environment for you.

8.            AMENITIES OFFERED

Amenities are the facility provides with the office space like High-speed internet connection, Natural light, concierge facility, reception desk with beautifully carved by the engineers. Also eco-friendly is the new trend and also the necessity should be adapted by every commercial property. Valet parking will be a good touch creating a good image for your organization.

Check for the cleanliness and hygiene do maintenance staff is hired to maintain the beauty of the property. Looking after hygiene has become mandatory after post-pandemic.

9.            IS THIS SPACE SUITABLE FOR ME?

Check the office space as will it fulfill your need and can accommodate the number of employees and all the furniture and doesn’t look messy. There is research according to which per person requires 10 feet of the area so do the mathematics and check if it is suitable or not and then make a decision accordingly.

10.          CHECKING FOR NEIGHBORS

Surrounding with good people creates an impact on you so better to check for your corporate neighbors as this will act as a brand image for you. Let me explain if you are surrounded by big It companies and FMCG company it will create a good image of your brand.

11.          CHECKING ON LEGALITIES

Before renting out any office space check whether the construction is legal or not check for any loophole that may cause you trouble in near future. Also, avoid eye-catchy deals that can't be fulfilled and end up losing your money. Before signing any sort of contract make sure you read every terms and condition this would lead to creating transparency between you and the landlord. Clear all your doubts with the landlord before signing the contract.

I hope I have answered your all questions that will clear the path before renting any office space. Better to get the BEST OFFICE SPACE IN MUMBAI keeping all the above factors in mind.